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Rimbaco Group Global (HKSE:01953) Dividend Yield % : 18.60% (As of May. 30, 2024)


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What is Rimbaco Group Global Dividend Yield %?

As of today (2024-05-30), the Trailing Annual Dividend Yield of Rimbaco Group Global is 18.60%.

Good Sign:

Rimbaco Group Global Ltd stock dividend yield is close to 2-year high.

The historical rank and industry rank for Rimbaco Group Global's Dividend Yield % or its related term are showing as below:

HKSE:01953' s Dividend Yield % Range Over the Past 10 Years
Min: 2.46   Med: 9.67   Max: 19.33
Current: 18.6

During the past 7 years, the highest Dividend Yield of Rimbaco Group Global was 19.33%. The lowest was 2.46%. And the median was 9.67%.

HKSE:01953's Dividend Yield % is ranked better than
98.77% of 977 companies
in the Construction industry
Industry Median: 2.79 vs HKSE:01953: 18.60

Rimbaco Group Global's Dividend Payout Ratio for the six months ended in Oct. 2023 was 1.93.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Rimbaco Group Global Ltd is 1.07, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Rimbaco Group Global was 1.07. The lowest was 1.04. And the median was 1.04.

As of today (2024-05-30), the Forward Dividend Yield % of Rimbaco Group Global is 18.60%.

Rimbaco Group Global's Dividends per Share for the six months ended in Oct. 2023 was HK$0.03.

During the past 12 months, Rimbaco Group Global's average Dividends Per Share Growth Rate was 81.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Rimbaco Group Global Dividend Yield % Historical Data

The historical data trend for Rimbaco Group Global's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rimbaco Group Global Dividend Yield % Chart

Rimbaco Group Global Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial - - - 1.80 17.83

Rimbaco Group Global Semi-Annual Data
Oct17 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.80 9.87 17.83

Competitive Comparison of Rimbaco Group Global's Dividend Yield %

For the Engineering & Construction subindustry, Rimbaco Group Global's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rimbaco Group Global's Dividend Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rimbaco Group Global's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Rimbaco Group Global's Dividend Yield % falls into.



Rimbaco Group Global Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Rimbaco Group Global Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0303102023-07-102023-07-112023-07-28Cash DividendannuallyHKD:HKD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Rimbaco Group Global's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.03031/0.165
=18.37 %

Current Share Price is HK$0.165.
Rimbaco Group Global's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.03031.

Rimbaco Group Global's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.03031/0.165
=18.37 %

Current Share Price is HK$0.165.
Rimbaco Group Global's Dividends per Share for the forward twelve months is calculated as HK$0.03031 * 1 = HK$0.03031.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rimbaco Group Global  (HKSE:01953) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Rimbaco Group Global Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Rimbaco Group Global's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rimbaco Group Global (HKSE:01953) Business Description

Traded in Other Exchanges
N/A
Address
Silver Square, Perak Road, 309-E, 1st floor, George Town, MYS, 10150
Rimbaco Group Global Ltd is a Malaysia-based building construction contractor focusing on the provision of building construction services for factories, including low-rise processing facilities and manufacturing plants; and institutional, commercial, and/or residential buildings such as private hospitals, hotels, shopping malls, high-rise residential buildings, and commercial/residential complex. The company also undertakes small-scale ancillary construction works, including but not limited to renovation works, repair works, and electrical works.
Executives
Lai Swee Yin
Low Seah Sun 2201 Interest of corporation controlled by you
Rbc Venture Limited

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